OFAC Updates General Licenses Involving Venezuelan Airline
The Office of Foreign Assets Control on Feb. 29 updated a general license that authorizes certain transactions with Venezuela’s flagship airline. General License 45B, which replaced License 45A, updated and removed language relating to the types of transactions that are…
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authorized with Venezuela’s Consorcio Venezolano de Industrias Aeronáuticas y Servicios Aéreos, also known as Conviasa.